article thumbnail

Estimating Facility Life-cycle Costs

Job Order Contracting

Estimating Facility Life-cycle Costs is a critical aspect of facilities management. Key elements associated with Estimating Facility Life-cycle Costs include the following: Experience. Systems costs and systems life-cycles. Expected system/assembly life-times. Current percentage of life used.

article thumbnail

Job Order Contracting Life-cycle Facilities Value Management

Job Order Contracting

Job Order Contracting Life-cycle Facilities Value Management and improving AECOO outcomes for all participants and stakeholders. Job Order Contracting Life-cycle Facilities Value Management enables the efficient use of available funds targeted for executing renovation, repair, maintenance, and minor new construction projects.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

LEAN, BIM, and Measurably Improving Facilities Life-Cycle Management

Job Order Contracting

BIM (Building Information Modeling) is the efficient management of the life-cycle of the built environment supported by digital technology. The most significant benefit is total-cost-of-ownership management throughout the life-cycle of a physical asset.

article thumbnail

Digital Twin – Aligning the physical and functional status of buildings and other physical objects with a corresponding digital model makes it possible to monitor and optimally manage capital reinvestment throughout their life-cycle.

Job Order Contracting

Aligning the physical and functional status of buildings and other physical objects with a corresponding digital model makes it possible to monitor and optimally manage capital reinvestment throughout their life-cycle. Requisite Components of a Physical Asset Life-cycle Management Solution.

article thumbnail

Facilities Maintenance and Repair Goals

Job Order Contracting

Life-cycle management in concert with organizational mission. Implementation and continuous improvement of robust LEAN operating models. Clarity roles and responsibilities via contract and an integral operations manual/execution guide. Facilities Maintenance and Repair Goals include… Optimizing asset value.

article thumbnail

LEAN Construction Project Delivery and Facilities Operations, Maintenance, and Life-cycle Management

Job Order Contracting

LEAN Practices Asset Competency Model. Life-cycle Management. COBie is an information exchange specification for the life-cycle capture and delivery of information needed by facility managers. Building Information Modeling (BIM) (Model & Management Systems) Capital Planning and Management Systems (CPMS).

article thumbnail

Asset Life-cycle Model, Asset Information Model, and Why BIM Won’t Work

Building Information Management

At the end of there day BIM represents nothing new relative to the efficient life-cycle management of the built environment. Furthermore, there are critical life-safety and security issues associated with our crumbling and mismanaged physical infrastructure. It’s not even the most important tool.